Stocks
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Market watch: Stocks rise as geopolitical dust settles | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed a topsy-turvy session on Tuesday, as the benchmark KSE-100 index after oscillating in a narrow range managed to post decent gains in the end. Anxious investors took a sigh of relief on news that Russian troops were pulled back from Ukraine’s border, which also eased the pressure on…
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Market watch: Stocks dive on geopolitical tensions | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange came under selling pressure on Monday as investors took cue from the surging global crude oil prices amid rising geopolitical tensions, which sparked fears of increase in inflation in the country in the wake of expensive imports. The benchmark KSE-100 index spent most of the day in the red…
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Market watch: Stocks close in green amid thin trade | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange saw lacklustre activity on Friday but the benchmark KSE-100 index, after oscillating in a narrow band, managed to close in the green zone. Sceptical investors adopted a cautious approach amid corporate result announcements, mainly owing to the rising international coal prices, which kept the cement sector under pressure. On the…
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Market watch: Stocks stage decent rally on corporate results | The Express Tribune
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[ad_1] KARACHI: Buying interest re-emerged at the Pakistan Stock Exchange on Tuesday as investor sentiment was primarily driven by strong corporate result announcements in power and cement sectors. The benchmark KSE-100 index, despite remaining volatile throughout the day, managed to stage a decent rally in second half of the session. On the flip side, rising…
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Market watch: Selling pressure pulls stocks down | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange endured a range-bound session on Monday, as sceptical investors once again adopted a wait-and-watch approach and kept trading activity thin amid an unsatisfactory economic outlook and uncertainties. Volatility persisted at the bourse, as the benchmark KSE-100 index after surging past the 46,000-point mark during the day failed to keep…
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Bitcoin mimics stocks rally, hits two-week high | The Express Tribune
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[ad_1] WASHINGTON: Bitcoin hit its highest in two weeks on Saturday, extending the previous session’s strong gains as cryptocurrencies basked in a recovery in risk appetite and a rally in stock markets. The world’s largest cryptocurrency hit $41,983, taking gains from Thursday’s lows to nearly 16%, and marking a 27% rise from the year’s low…
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Stocks rally on investor optimism | The Express Tribune
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[ad_1] KARACHI: The outgoing week sparked optimism among investors at the Pakistan Stock Exchange, which fuelled a rally, driven by the much-awaited revival of International Monetary Fund’s (IMF) $6 billion loan programme coupled with robust corporate results. Strong investor interest, stemming from a host of positive developments, helped sustain a buying spree and lifted the…
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Market watch: With profit-taking, stocks record thin gains | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed a volatile session on Friday, as market players opted to stay on the sidelines mainly owing to weak macroeconomic cues and looming uncertainty. The benchmark KSE-100 index, after oscillating within a narrow range, managed to creep up before the close of trading. Despite opening the session in the…
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Market watch: Stocks rally as investor optimism grows | The Express Tribune
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[ad_1] KARACHI: Bulls continued to dominate trading at the Pakistan Stock Exchange on Tuesday, as the benchmark KSE-100 index recorded significant gains for the second consecutive session, rising 300 points. The index managed to stay in the green zone throughout the day. A host of positive triggers including the rise in revenue collection by the…
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Stocks rebound but head for worst Jan since 2016 | The Express Tribune
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[ad_1] LONDON: Stocks staged a modest rebound on Monday as traders put aside concerns about interest rate rises and the crisis in Ukraine to dip back in, but global equities are still headed for their worst January since 2016 after a bruising month. The rise in European shares follows a late surge on Wall Street…
